Access Economics are tipping a fall in copper prices of up to 50% and up to 40% for Zinc within the next two years. If that happened it would still mean prices of about $3500 & $2000 respectively but I don't think any miners would be too distressed even if it happened. They sight substitution as the main reason for the downgrade, however as far as I am aware there is no substitution for Zinc as it is an anti corrosion metal, therefore I believe that they are being too pessimistic on the Zinc price. Any other input would be welcome.
TZN Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
